Aris Water Solutions Inc (NYSE:ARIS) shares, rose in value on Friday, January 24, with the stock price up by 1.05% to the previous day’s close as strong demand from buyers drove the stock to $29.72.
Actively observing the price movement in the last trading, the stock closed the session at $29.41, falling within a range of $29.0101 and $29.835. The value of beta (5-year monthly) was 1.616 whereas the PE ratio was 36.84 over 12-month period. Referring to stock’s 52-week performance, its high was $30.40, and the low was $8.08. On the whole, ARIS has fluctuated by 23.32% over the past month.
With the market capitalization of Aris Water Solutions Inc currently standing at about $1.73 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.41, with its dividend yield at 1.36%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ARIS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.42, with the price of ARIS currently trading nearly 12.66% and 14.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.94, while the 7-day volatility ratio is showing 4.67% which for the 30-day chart, stands at 5.32%. Furthermore, Aris Water Solutions Inc (ARIS)’s beta value is 1.98, and its average true range (ATR) is 1.38.
A comparison of Aris Water Solutions Inc (ARIS) with its peers suggests the former has fared considerably weaker in the market. ARIS showed an intraday change of 1.05% in last session, and over the past year, it grew by 266.01%%.
Data on historical trading for Aris Water Solutions Inc (NYSE:ARIS) indicates that the trading volumes over the past 10 days have averaged 1.16 and over the past 3 months, they’ve averaged 631.36K. According to company’s latest data on outstanding shares, there are 30.58 million shares outstanding.
Nearly 23.52% of Aris Water Solutions Inc’s shares belong to company insiders and institutional investors own 90.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.69 million shares as on 2024-12-31, resulting in a short ratio of 3.7. According to the data, the short interest in Aris Water Solutions Inc (ARIS) stood at 633.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 1.68 million. The stock has risen by 24.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ARIS stock heading into the next quarter.
